First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Sees Significant Increase in Short Interest

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 1,900 shares, a growth of 533.3% from the February 13th total of 300 shares. Based on an average daily volume of 73,900 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright International Focus 5 ETF stock traded down $0.07 during midday trading on Thursday, hitting $19.92. The company had a trading volume of 4,172 shares, compared to its average volume of 77,596. First Trust Dorsey Wright International Focus 5 ETF has a 1-year low of $18.48 and a 1-year high of $21.38. The business’s 50 day simple moving average is $19.52 and its two-hundred day simple moving average is $19.90. The stock has a market cap of $131.47 million, a PE ratio of 13.29 and a beta of 0.95.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IFV. Pine Valley Investments Ltd Liability Co raised its holdings in First Trust Dorsey Wright International Focus 5 ETF by 3.3% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 36,622 shares of the company’s stock valued at $771,000 after acquiring an additional 1,162 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 76,783 shares of the company’s stock valued at $1,472,000 after buying an additional 1,750 shares during the period. Arkadios Wealth Advisors raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 7.6% in the 4th quarter. Arkadios Wealth Advisors now owns 33,228 shares of the company’s stock valued at $637,000 after buying an additional 2,333 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 26.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,725 shares of the company’s stock worth $282,000 after acquiring an additional 3,105 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 0.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 701,093 shares of the company’s stock valued at $13,440,000 after acquiring an additional 3,641 shares in the last quarter.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.